Rules of Conduct
The following statement was made by the Rochdale Society in its annual almanac of the rules of conduct in 1860.
"The present Co-operative Movement does not intend to meddle with the various religious or political differences which now exist in society, but by a common bond, namely that of self-interest, to join together the means, energies and the talents of all for the common benefit of each.
- That capital should be of their own providing and bear a fixed rate of interest.
- That only the purest provisions procurable should be supplied to members.
- That full weight and measure should be given.
- That market prices should be charged and no credit given nor asked.
- That profits should be divided 'pro rata' upon the amount of purchases made by each member.
- That the principles of 'one member, one vote' should obtain in government and the equality of the sexes in membership.
- That the management should be in the hands of officers and committee, elected periodically.
- That a definite percentage of profits should be allotted to education.
- That frequent statements and balance sheets should be presented to members."
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